Cheap Apartments for Rent in Monticello, KY from $500 (35 Rentals)

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Mason Greene
1 to 4 Bedroom Apartments

Mason Greene

54 Stokes CtMonticello, KY 42633
property at 1155 KY-3057

$750 - $850

1 To 2 Bedroom Rentals

Available Now

1155 KY-3057

SomersetKY42501

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakhill Apartments
2 Bedroom Apartments

Oakhill Apartments

5540 N Broadway StKnoxville, TN 37918
  • Utilities Included
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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included
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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 334 Sycamore Loop

$1,064

3 Bedroom, 2 Bath Home for Rent

Available Now

334 Sycamore Loop

CampbellsvilleKY42718
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Century Lofts
1 Bedroom Apartments

Century Lofts

113 N Main StCorbin, KY 40701
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Monticello, KY Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, KY is a 1 Bed unit found at Mason Greene priced from $574. Eagle Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mason Greene1 Bedroom Apartment1BR,1BA$574
Eagle Creek Apartmentsone bdr basement1BR,1BA$600
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
Eagle VillageStudioStudio,1BA$800
University TowersStudios1BR,1BA$800
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$849
Saxony Apartment Homes1BR/1BA w/d1BR,1BA$921
ELEVEN502 Beds, 1.5 baths2BR,1BA$1,025
Cypress Creek3 Bedroom 2 Bathroom3BR,2BA$1,051
Arrowhead Ranch3 Bed 2 Bath3BR,2BA$1,149

Best Value Apartments for Rent in Monticello, KY and Nearby

As of January 19, 2026 the best value apartment in the Monticello area is the $0.94 price per square foot 3 Bed 2 Bath Model at Arrowhead Ranch in the starting from $1,149. The second greatest value Monticello apartment is the Brookhaven Model at Copper Springs by Meadows Properties starting at $1,500 with a $1.25 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arrowhead Ranch3 Bed 2 Bath3BR,2BA$0.94
Copper Springs by Meadows PropertiesBrookhaven2BR,2BA$1.25
Woodbury Crossing3 B Floor Plan3BR,2BA$1.13
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
Cypress Creek3 Bedroom 2 Bathroom3BR,2BA$1.00
Rand 938 TownhomesGallery Way Duplex2BR,1.5BA$1.44
The Bellevue at 10452B2BR,2BA$1.27
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Arlington Terrace2 Bedroom Unit2BR,1.5BA$0.98
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$1.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monticello, KY Rentals by Map

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Frequently Asked Questions about Cheap Monticello Apartments

How much is rent for a Cheap One Bedroom Monticello Apartment?

The lowest price for a Cheap One Bedroom Monticello Apartment is $600 at Eagle Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $849 at Fry Estates Apartments.

What is the most affordable Monticello Three Bedroom Apartment?

The best deal on a cheap Monticello Three Bedroom Apartment rental is at Betty Jane Apartments and starts from $1,000.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!